PART 1: The Legal Environment of Business
C h. 1 An Introduction to the Fundamentals of Dynamic Business Law Ch. 2
Business Ethics and Social Responsibility
Ch. 3 The U.S. Legal System and Alternative Dispute Resolution Ch. 4
Administrative Law
Ch. 5 Constitutional Law
Ch. 6 Criminal Law and Business Ch. 7
Tort Law
Ch. 8 Real, Personal, and Intellectual Property
PART 2: Contract Law
Ch. 9 Introduction to Contracts and Agreement Ch. 10
Consideration
Ch. 11 Capacity and Legality Ch.
12 Reality of Assent
Ch. 13 Contracts in Writing and Third-Party Contracts Ch. 14
Discharge and Remedies
Part 3: Domestic and International Sales Law
Ch. 15 Formation and Performance of Sales and Lease Contracts
Ch. 16 Sales and Lease Contracts: Performance, Warranties, and Remedies
PART 4: Negotiable Instruments and Banking
Ch. 17 Negotiable Instruments: Negotiability and Transferability Ch. 18
Holder in Due Course, Liability, and Defenses
,PART 5: Creditors' Rights and Bankruptcy Ch. 19
Secured Transactions and Bankruptcy
PART 6: Agency
Ch. 20 Agency and Liability to Third Parties
PART 7: Business Organizations
Ch. 21 Forms of Business Organization
Ch. 22 Corporations: Formation and Organization Ch.
23 Securities Regulation
PART 8: Government Regulation
Ch. 24 Employment and Discrimination Law Ch. 25
Consumer Law
, Chapter 1 - An Introduction to Dynamic Business Law
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CHAPTER nnOVERVIEW
Chapter n n One n n lays n n the n n foundation n n for n n the n n textbook. n n Make n n sure n n you n n look n n on n n the
n n publisher‘s n n web n n site n n for n n information nn about nn how nnbusiness nn law nn intersects nn with nnthe nn six nnfunctional
nn areas nn of nnbusiness. nnThe nn nnauthors n n encourage nnstudents nnto nn―connect nnto nnthe nncore,‖ nnand nnremember nnthe
nnways nnin nnwhich nnlaw nnintersects nnwith nnother nn areas n n of n n study, n n including n n corporate n n management,
n n production n n and n n transportation, n n marketing, n n research n n and n n development, nnaccounting nnand
nnfinance, nnand nnhuman nnresource nnmanagement.
This n n manual n n supports n n the n n ―connecting n n to n n the n n core‖ n n theme n n by n n giving n n ideas n n for n n assignments
n n that n n encourage n n students n n to n n integrate n n their n n business n n law n n knowledge n n with n n knowledge
n n they n n are n n acquiring n n from n n their n n other n n business n n classes. n n The n n manual n n also n n encourages
n n professors nn to n n improve n n their n n teaching n n skills. n n Finally, n n the n n manual n n suggests nnteaching nnideas nnfor nnboth
nnbeginning nnand nnexperienced nnteachers.
LEARNING nnOBJECTIVES
After nnreading nnthis nnchapter, nnstudents nnwill nnbe nnable nnto:
1-1 Define nnbusiness nnlaw.
1-2 Relate nnthe nnfunctional nnareas nnof nnbusiness nnto nnthe nnrelevant nnareas nnof
nnbusiness nnlaw1- n n 3 nnRecall nnthe nnpurposes nnof nnlaw.
1-4 Distinguish nnamong nntypes nnof nnlaw.
1-5 Differentiate nnbetween nnsources nnof nnthe nnlaw.
1-6 Identify nnthe nnvarious nnschools nnof nnjurisprudence.
LECTURE nnNOTES nnWITH nnDEFINITIONS
In nnthe nnnews… Teaching nntip: nnFor nneach nnchapter, nnconsider nnasking nnstudents nnto nnrelate
nn current nn news n n items nnto nnmaterial nnfrom nnthe nnchapter.
In n n addition n n to n n ideas n n students n n come n n up n n with n n on n n their n n own,
n n consider n n weaving n n in n n news nnstories nnprovided nnby nnthe nnMcGraw nnHill.
For nnChapter nnOne, nnMcGraw nnHill nnoffers nnthe nnfollowing nnstories:
―Smoking nnBan: nnTobacco nnTyrants: nnGone nnToo nnFar? nnMany nnStates nnAre
nnPutting n n Stronger nnRestrictions nnon nnWhere nnYou nnCan nnSmoke‖
Have nnstates nngone nntoo nnfar nnin nnbanning nnsmoking?